Approaching our Target. Current 80.48
Last week I posted the following: Get ready to go LONG on USD/JPY in 1/2 weeks. Current 81.21, Target @ or around 79.50
CACCATRADINGBLOG
Monday, October 25, 2010
Wednesday, October 20, 2010
Friday, October 15, 2010
NG - Buy in October, Sell in May
Time to buy UNG at its fourth 52Wk-Low.
Closing price as of yesterday Oct 14th US$ 5.84
Recommended entry price at or around 5.60 (potential new low).
Good Trade
Closing price as of yesterday Oct 14th US$ 5.84
Recommended entry price at or around 5.60 (potential new low).
Good Trade
Friday, October 1, 2010
Back in Action 2: EURO/GBP
Back on June 8th I suggested:QUOTE "EURO/GBP 0.82420 no time to waste for going LONG" UNQUOTE... Now its time to close this position @ 0.86720 which means a net profit of 4,300 points...
Tuesday, June 8, 2010
Back in Action: EURO/GBP
Good Morning CACCA Fans
EURO/GBP 0.82420 no time to waste for going LONG, crepa il Lupo
EURO/GBP 0.82420 no time to waste for going LONG, crepa il Lupo
Friday, September 4, 2009
FAQs
Some of you dear followers have problems to post your comments and I keep getting your Qs thru emails. Inconvenience regretted. Well, I just received the following from Pier:
Q: "Dear Mister Cacca, I have noticed little activity on your blog lately, can you tell us your vision of the markets now? Is UNG bound to 5$ ? Is NG going to hold above 2$ ? Where are gold and silver heading? And OIL?"
A: In brief, our famous AMAC strongly believes that the market will start being bearish on Oil, Gold and Silver and bullish on NG.
History gave us the absolute proof that each time the NG is so dirty cheap it rebounds 76% of its low in less than 3 months. So, hold on.
Gold reached the 998 level yesterday. In this connection, I am pleased to reiterate our view posted on August 30th "AMAC still predicts the 998 - 1010 level in the very near future before significant retreat to 800/820 level.".
We are waiting another 8% rally for Silver before we recommand the AGQ Oct 50 PUT, symbol +AGQVJ.
Finally, you are kindly reminded that 95% of short term investment end in disaster, so be very careful and have a good trading day.
Q: "Dear Mister Cacca, I have noticed little activity on your blog lately, can you tell us your vision of the markets now? Is UNG bound to 5$ ? Is NG going to hold above 2$ ? Where are gold and silver heading? And OIL?"
A: In brief, our famous AMAC strongly believes that the market will start being bearish on Oil, Gold and Silver and bullish on NG.
History gave us the absolute proof that each time the NG is so dirty cheap it rebounds 76% of its low in less than 3 months. So, hold on.
Gold reached the 998 level yesterday. In this connection, I am pleased to reiterate our view posted on August 30th "AMAC still predicts the 998 - 1010 level in the very near future before significant retreat to 800/820 level.".
We are waiting another 8% rally for Silver before we recommand the AGQ Oct 50 PUT, symbol +AGQVJ.
Finally, you are kindly reminded that 95% of short term investment end in disaster, so be very careful and have a good trading day.
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